The Trump family's affiliated company AI Financial reports a quarterly loss of $270 million, warning of possible insolvency within a year.

BlockBeats News, May 19th. The Trump family-affiliated public company AI Financial Corporation released its quarterly financial report for the quarter ending on March 28, 2026, revealing a net loss of $271.5 million for the quarter, significantly higher than the $2.4 million loss in the same period last year. The company also warned that its current financial condition "raises substantial doubt about its ability to continue as a going concern in the next year."

The report indicates that AI Financial only generated $4.7 million in revenue for the quarter, all of which came from its fintech business related to crypto payments. As of the end of March, the company had $39.1 million in current liabilities, higher than its $32.2 million in current assets, resulting in an operating capital deficit of approximately $5.5 million.

The loss was mainly attributed to the devaluation of its holdings of the WLFI token. AI Financial holds approximately 7.28 billion WLFI tokens, with a book value dropping from over $1 billion at the end of 2025 to $706 million, resulting in an unrealized loss of around $348 million, while the cost basis of the holdings was as high as $1.46 billion.

The company also disclosed that most of the WLFI tokens are still locked. Around 3.53 billion tokens are non-transferrable for the next 12 months, while the remaining tokens can only be unlocked after fulfilling conditions such as shareholder approval, articles of association amendments, and re-sale registrations.

Zachary Witkoff, the Chairman of AI Financial, also serves as the CEO of World Liberty Financial, and the two are related parties. In January of this year, AI Financial borrowed $15 million from WLFI to repurchase stocks, increase its WLFI holdings, and for general corporate purposes. Following the financial report, AI Financial (AIFC) stock price fell by 9.61% on Monday, closing at $0.91.